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Hi, I'm brand new here and trying to get my bearings. I am a one shareholder S corp and am looking to figure out how to add my health insurance contributions to my payroll info so that they are added to my W2 and how to rectify the books for it each month. I would really appreciate any insight anyone might have.
You can see it under the How much do you pay this employee? section, @cultivatelearning.
Here's how:
Once you run payroll, you will have the option to enter the S-Corp amount.
To learn more about S-Corp Owner's Health Insurance, check this article: Set up S-Corp Owner's Health Insurance.
Swing by to us here if you have other questions.
Follow up to orignal question:
How do I account for this whenever it is paid from the s corps account. Do I run it as an expense - to me (as an employee) under wages?
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